Bailey
👤 SpeakerAppearances Over Time
Podcast Appearances
And I estimated $700 at the peak could go higher.
Nobody knows.
But even now, despite it hitting all time highs and I say all time highs, it's, it's all time highs relative to the ratio.
So all-time high within the ratio, absolutely.
But in terms of the overall picture, it's absolutely grossly underpriced.
It's not even close.
Right now, it's just shy of $96 and everything's creeping up again.
Just shy of $96.
There was a time it was $44, but at the same time, gold is almost $4,800, right?
So you have to think,
There's no way gold should be 4,800 fricking dollars and silver can't hit barely a hundred.
And we're assuming that that's a peak.
There's no way there's no way.
So you're going to see people online.
Tell you gold is about to crash.
Silver is about to crash.
It's entirely possible that they go down crash.
I think unless there's a macro event,
In our favor, I don't think so.
As long as you have disruption overseas, as long as you have the Greenland issue, as long as you have the Ukraine issue, as long as you have all this disruption, I think it's just going to go positive because I think people are looking for hedge.